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You make the line go up or get fired (ttrpg.network)

submitted 1 year ago by TheGreatDarkness@ttrpg.network to c/rpgmemes@ttrpg.network

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[–] jmcs@discuss.tchncs.de 1 points 1 year ago (1 children)

Adhering to fiduciary duties to shareholders also includes protecting the company's relationship with its customers and its long term sustainability. Cashing out while burning out all the bridges is the opposite of protecting the legitimate rights of the shareholders.

[–] TheGreatDarkness@ttrpg.network 0 points 1 year ago (1 children)

If shareholders take you to the court for not prioritizing short-term profit at all costs, are you willing to defend this position?

[–] Kichae@lemmy.ca 1 points 1 year ago

Yes.

The board must put the interests of shareholders above other stakeholders, but those interests consist of a lot more than just immediate revenues.